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Tadawul index 1.38% higher
- Saudi Arabia: Tuesday, May 19 - 2009 at 17:31
At the Riyadh Stock Exchange, the Tasi-Index jumped over 6,100 points in the beginning, but eventually traded sideways and closed 1.38% higher at 6,063.12 points. Islamic insurance operator Saudi British Bank (SABB) Takaful again led the list of the top gainers, adding almost 10% to its value. The share is trading 6.4 times higher than six months before. Allied Cooperative Insurance (ACIG), on the other hand, plummeted 9.94% on profit booking. ACIG has added 562% during the last six months.
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Gérard Al-Fil, Financial JournalistTuesday, May 19 - 2009 at 17:31 UAE local time (GMT+4)
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This article was updated on Wed May 20 2009.
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